Northern Trust (NTRS) Stock Forecast, Price Target & Predictions
NTRS Stock Forecast
Northern Trust stock forecast is as follows: an average price target of $105.20 (represents a 2.65% upside from NTRS’s last price of $102.48) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
NTRS Price Target
The average price target for Northern Trust (NTRS) is $105.20 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $127.00 to $82.00. This represents a potential 2.65% upside from NTRS's last price of $102.48.
NTRS Analyst Ratings
According to 13 Wall Street analysts, Northern Trust's rating consensus is 'Buy'. The analyst rating breakdown for NTRS stock is 0 'Strong Buy' (0.00%), 6 'Buy' (46.15%), 4 'Hold' (30.77%), 3 'Sell' (23.08%), and 0 'Strong Sell' (0.00%).
Northern Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 09, 2024 | Betsy Graseck | Morgan Stanley | $127.00 | $107.92 | 17.68% | 23.93% |
| Oct 24, 2024 | Gerard Cassidy | RBC Capital | $107.00 | $102.51 | 4.38% | 4.41% |
| Oct 24, 2024 | Glenn Schorr | Evercore ISI | $103.00 | $102.51 | 0.48% | 0.51% |
| Oct 23, 2024 | Kenneth Leon | CFRA | $107.00 | $102.51 | 4.38% | 4.41% |
| Sep 25, 2024 | Alexander Blostein | Goldman Sachs | $82.00 | $90.79 | -9.68% | -19.98% |
| Jul 17, 2024 | Kenneth Leon | CFRA | $95.00 | $86.16 | 10.26% | -7.30% |
| Apr 17, 2024 | Glenn Schorr | Evercore ISI | $86.00 | $79.56 | 8.09% | -16.08% |
| Apr 16, 2024 | Kenneth Leon | CFRA | $75.00 | $80.06 | -6.32% | -26.81% |
| Apr 05, 2024 | Brian Bedell | Deutsche Bank | $85.00 | $86.57 | -1.81% | -17.06% |
| Mar 19, 2024 | Brian Bedell | Deutsche Bank | $80.00 | $82.24 | -2.72% | -21.94% |
| Feb 01, 2023 | Morgan Stanley | $101.00 | $96.19 | 5.00% | -1.44% | |
| Jan 04, 2023 | Goldman Sachs | $95.00 | $89.78 | 5.81% | -7.30% | |
| Dec 01, 2022 | Morgan Stanley | $102.00 | $92.77 | 9.95% | -0.47% | |
| Nov 15, 2022 | Deutsche Bank | $92.00 | $91.80 | 0.22% | -10.23% | |
| Apr 27, 2022 | Deutsche Bank | $145.00 | $107.88 | 34.41% | 41.49% | |
| Jan 06, 2022 | Jeff Harte | Piper Sandler | $141.00 | $125.16 | 12.66% | 37.59% |
| Jan 05, 2022 | James Mitchell | Seaport Global | $151.00 | $123.62 | 22.15% | 47.35% |
| Jan 03, 2022 | Jason Goldberg | Barclays | $133.00 | $119.92 | 10.91% | 29.78% |
| Oct 20, 2021 | Susan Roth Katzke | Credit Suisse | $111.00 | $123.96 | -10.45% | 8.31% |
| Oct 04, 2021 | Mike Mayo | Wells Fargo | $125.00 | $106.72 | 17.13% | 21.98% |
The latest Northern Trust stock forecast, released on Dec 09, 2024 by Betsy Graseck from Morgan Stanley, set a price target of $127.00, which represents a 17.68% increase from the stock price at the time of the forecast ($107.92), and a 23.93% increase from NTRS last price ($102.48).
Northern Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 5 | 10 |
| Avg Price Target | $127.00 | $105.20 | $94.70 |
| Last Closing Price | $102.48 | $102.48 | $102.48 |
| Upside/Downside | 23.93% | 2.65% | -7.59% |
In the current month, the average price target of Northern Trust stock is $127.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 23.93% increase as opposed to Northern Trust's last price of $102.48. This month's average price target is up 20.72% compared to last quarter, and up 34.11% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 24, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 24, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 23, 2024 | CFRA | Hold | Hold | Hold |
| Sep 30, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Sep 25, 2024 | Goldman Sachs | Neutral | Sell | Downgrade |
| Sep 23, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jul 18, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 17, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Apr 16, 2024 | CFRA | Sell | Sell | Hold |
| Apr 05, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jan 09, 2024 | Jefferies | Buy | Upgrade | |
| Oct 19, 2023 | Deutsche Bank | Hold | Buy | Initialise |
| Oct 19, 2023 | Wells Fargo | Equal-Weight | Downgrade | |
| Sep 19, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Sep 15, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Feb 01, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jan 04, 2023 | Goldman Sachs | Neutral | Downgrade | |
| Dec 01, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Nov 15, 2022 | Deutsche Bank | Hold | Hold | Hold |
| Oct 19, 2022 | Deutsche Bank | Buy | Hold | Downgrade |
| Jun 24, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 30, 2022 | New Street | Negative | Negative | Hold |
| Apr 27, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Apr 26, 2022 | Seaport Global | Buy | Upgrade | |
| Feb 18, 2022 | Deutsche Bank | Buy | Buy | Hold |
Northern Trust's last stock rating was published by RBC Capital on Oct 24, 2024. The company gave NTRS a "Outperform" rating, the same as its previous rate.
Northern Trust Financial Forecast
Northern Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $3.26B | $1.73B | $1.76B | $1.74B | $1.52B | $1.75B | $1.77B | $1.72B | $1.67B | $1.63B | $1.36B | $1.39B | $1.31B | $1.30B | $1.33B | $1.39B | $1.34B | $1.34B |
| Avg Forecast | $2.01B | $2.00B | $1.98B | $1.96B | $1.98B | $1.96B | $1.94B | $1.93B | $1.92B | $1.93B | $1.84B | $1.78B | $1.71B | $1.74B | $1.77B | $1.78B | $1.75B | $1.77B | $1.76B | $1.69B | $1.65B | $1.61B | $1.58B | $1.54B | $1.50B | $1.47B | $1.49B | $1.54B | $1.55B | $1.52B |
| High Forecast | $2.02B | $2.01B | $1.99B | $1.98B | $2.00B | $1.98B | $1.96B | $1.94B | $1.95B | $1.93B | $1.84B | $1.78B | $1.77B | $1.76B | $1.78B | $1.79B | $1.77B | $1.77B | $1.76B | $1.69B | $1.65B | $1.61B | $1.58B | $1.54B | $1.50B | $1.47B | $1.49B | $1.54B | $1.55B | $1.52B |
| Low Forecast | $1.99B | $1.98B | $1.96B | $1.95B | $1.97B | $1.95B | $1.93B | $1.92B | $1.91B | $1.92B | $1.84B | $1.78B | $1.58B | $1.73B | $1.75B | $1.77B | $1.74B | $1.77B | $1.76B | $1.69B | $1.65B | $1.61B | $1.58B | $1.54B | $1.50B | $1.47B | $1.49B | $1.54B | $1.55B | $1.52B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 10 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.90% | 0.99% | 1.00% | 0.98% | 0.87% | 0.99% | 1.00% | 1.02% | 1.01% | 1.02% | 0.86% | 0.90% | 0.88% | 0.88% | 0.89% | 0.90% | 0.87% | 0.89% |
Northern Trust's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.78B, with a low forecast of $1.78B, and a high forecast of $1.78B. NTRS's average Quarter revenue forecast represents a -45.33% decrease compared to the company's last Quarter revenue of $3.26B (Dec 23).
Northern Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 10 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-6.60M | $434.30M | $440.70M | $1.37B | $668.40M | $576.00M | $575.00M | $644.20M | $644.10M | $652.00M | $622.40M | $644.50M | $519.40M | $544.10M | $562.90M | $706.00M | $749.00M | $827.00M |
| Avg Forecast | $718.64M | $715.03M | $707.21M | $701.41M | $708.29M | $702.35M | $695.68M | $690.36M | $687.35M | $689.31M | $659.93M | $717.69M | $613.72M | $624.48M | $632.26M | $652.45M | $669.37M | $547.83M | $545.98M | $593.14M | $511.68M | $498.78M | $489.23M | $553.66M | $464.75M | $456.75M | $460.49M | $657.31M | $479.61M | $470.36M |
| High Forecast | $724.93M | $721.29M | $713.40M | $707.54M | $714.49M | $708.49M | $701.76M | $693.93M | $698.04M | $691.40M | $659.97M | $861.23M | $632.21M | $629.94M | $637.79M | $782.94M | $803.24M | $547.83M | $545.98M | $711.76M | $511.68M | $498.78M | $489.23M | $664.40M | $464.75M | $456.75M | $460.49M | $788.77M | $479.61M | $470.36M |
| Low Forecast | $714.19M | $710.60M | $702.83M | $697.06M | $703.90M | $698.00M | $691.37M | $686.78M | $683.79M | $687.21M | $659.90M | $574.16M | $565.66M | $620.61M | $628.34M | $521.96M | $535.49M | $547.83M | $545.98M | $474.51M | $511.68M | $498.78M | $489.23M | $442.93M | $464.75M | $456.75M | $460.49M | $525.85M | $479.61M | $470.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.01% | 0.70% | 0.70% | 2.10% | 1.00% | 1.05% | 1.05% | 1.09% | 1.26% | 1.31% | 1.27% | 1.16% | 1.12% | 1.19% | 1.22% | 1.07% | 1.56% | 1.76% |
8 analysts predict NTRS's average Quarter EBITDA for Dec 23 to be $613.72M, with a high of $632.21M and a low of $565.66M. This is 41.31% upper than Northern Trust's previous annual EBITDA (Sep 23) of $434.30M.
Northern Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 10 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $111.20M | $327.80M | $331.80M | $334.60M | $155.70M | $394.80M | $396.20M | $389.30M | $406.40M | $395.70M | $368.10M | $375.10M | $240.90M | $294.50M | $313.30M | $360.60M | $371.10M | $384.60M |
| Avg Forecast | $404.82M | $415.20M | $394.39M | $356.88M | $409.83M | $399.32M | $388.98M | $347.78M | $397.68M | $349.68M | $351.55M | $433.71M | $268.44M | $300.11M | $324.33M | $394.28M | $422.34M | $374.60M | $392.55M | $358.44M | $370.15M | $339.63M | $347.92M | $322.23M | $302.93M | $281.53M | $278.47M | $335.73M | $353.36M | $334.25M |
| High Forecast | $409.42M | $419.93M | $398.87M | $360.93M | $414.49M | $403.86M | $393.40M | $359.77M | $419.88M | $351.95M | $351.76M | $520.46M | $282.57M | $310.92M | $328.01M | $473.14M | $506.81M | $374.60M | $392.55M | $430.13M | $377.76M | $339.63M | $347.92M | $386.68M | $302.93M | $281.53M | $278.47M | $402.88M | $353.36M | $334.25M |
| Low Forecast | $401.56M | $411.86M | $391.21M | $354.00M | $406.53M | $396.10M | $385.84M | $333.79M | $383.55M | $347.41M | $351.35M | $346.97M | $258.35M | $289.31M | $321.71M | $315.43M | $337.87M | $374.60M | $392.55M | $286.75M | $362.53M | $339.63M | $347.92M | $257.79M | $302.93M | $281.53M | $278.47M | $268.58M | $353.36M | $334.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 1.09% | 1.02% | 0.85% | 0.37% | 1.05% | 1.01% | 1.09% | 1.10% | 1.17% | 1.06% | 1.16% | 0.80% | 1.05% | 1.13% | 1.07% | 1.05% | 1.15% |
Northern Trust's average Quarter net income forecast for Mar 24 is $433.71M, with a range of $346.97M to $520.46M. NTRS's average Quarter net income forecast represents a 290.03% increase compared to the company's last Quarter net income of $111.20M (Dec 23).
Northern Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 10 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.21B | $658.90M | $669.20M | $696.20M | $655.90M | $663.20M | $666.10M | $668.20M | $650.00M | $638.70M | $627.50M | $640.20M | $593.40M | $597.60M | $573.70M | $615.50M | $598.50M | $598.30M |
| Avg Forecast | $784.88M | $780.94M | $772.40M | $766.06M | $773.58M | $767.09M | $759.80M | $753.99M | $750.71M | $752.84M | $720.76M | $766.16M | $670.29M | $682.04M | $690.53M | $696.51M | $675.50M | $624.29M | $622.18M | $633.19M | $583.10M | $568.40M | $557.52M | $549.97M | $529.62M | $520.51M | $524.77M | $573.05M | $546.56M | $536.01M |
| High Forecast | $791.75M | $787.77M | $779.15M | $772.76M | $780.34M | $773.80M | $766.45M | $757.90M | $762.38M | $755.13M | $720.80M | $919.39M | $690.48M | $688.00M | $696.57M | $835.81M | $810.60M | $624.29M | $622.18M | $759.82M | $583.10M | $568.40M | $557.52M | $659.96M | $529.62M | $520.51M | $524.77M | $687.66M | $546.56M | $536.01M |
| Low Forecast | $780.02M | $776.10M | $767.61M | $761.31M | $768.78M | $762.34M | $755.09M | $750.08M | $746.82M | $750.56M | $720.73M | $612.93M | $617.80M | $677.81M | $686.25M | $557.20M | $540.40M | $624.29M | $622.18M | $506.55M | $583.10M | $568.40M | $557.52M | $439.98M | $529.62M | $520.51M | $524.77M | $458.44M | $546.56M | $536.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.81% | 0.97% | 0.97% | 1.00% | 0.97% | 1.06% | 1.07% | 1.06% | 1.11% | 1.12% | 1.13% | 1.16% | 1.12% | 1.15% | 1.09% | 1.07% | 1.10% | 1.12% |
Northern Trust's average Quarter SG&A projection for Mar 24 is $766.16M, based on 4 Wall Street analysts, with a range of $612.93M to $919.39M. The forecast indicates a -36.77% fall compared to NTRS last annual SG&A of $1.21B (Dec 23).
Northern Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 10 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.54 | $1.49 | $1.56 | $1.51 | $0.71 | $1.80 | $1.86 | $1.78 | $1.96 | $1.81 | $1.73 | $1.71 | $1.13 | $1.32 | $1.47 | $1.56 | $1.71 | $1.70 |
| Avg Forecast | $2.02 | $2.07 | $1.97 | $1.78 | $2.04 | $1.99 | $1.94 | $1.73 | $1.98 | $1.74 | $1.75 | $1.45 | $1.34 | $1.50 | $1.62 | $1.52 | $1.81 | $1.84 | $1.93 | $1.65 | $1.82 | $1.67 | $1.71 | $1.49 | $1.49 | $1.38 | $1.37 | $1.45 | $1.73 | $1.64 |
| High Forecast | $2.04 | $2.09 | $1.99 | $1.80 | $2.07 | $2.01 | $1.96 | $1.79 | $2.09 | $1.75 | $1.75 | $1.51 | $1.41 | $1.55 | $1.64 | $1.56 | $1.88 | $1.84 | $1.93 | $1.65 | $1.85 | $1.67 | $1.71 | $1.49 | $1.49 | $1.38 | $1.37 | $1.45 | $1.73 | $1.64 |
| Low Forecast | $2.00 | $2.05 | $1.95 | $1.77 | $2.03 | $1.98 | $1.92 | $1.66 | $1.91 | $1.73 | $1.75 | $1.39 | $1.29 | $1.44 | $1.60 | $1.47 | $1.74 | $1.84 | $1.93 | $1.65 | $1.78 | $1.67 | $1.71 | $1.49 | $1.49 | $1.38 | $1.37 | $1.45 | $1.73 | $1.64 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.40% | 1.00% | 0.96% | 1.00% | 0.39% | 0.98% | 0.97% | 1.08% | 1.08% | 1.09% | 1.01% | 1.15% | 0.76% | 0.96% | 1.08% | 1.07% | 0.99% | 1.04% |
According to 4 Wall Street analysts, Northern Trust's projected average Quarter EPS for Mar 24 is $1.45, with a low estimate of $1.39 and a high estimate of $1.51. This represents a 168.59% increase compared to NTRS previous annual EPS of $0.54 (Dec 23).
Northern Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TROW | T. Rowe Price Group | $117.89 | $125.00 | 6.03% | Hold |
| STT | State Street | $98.70 | $103.00 | 4.36% | Hold |
| BEN | Franklin Resources | $21.34 | $22.00 | 3.09% | Hold |
| NTRS | Northern Trust | $104.71 | $105.20 | 0.47% | Buy |
| IVZ | Invesco | $17.80 | $17.50 | -1.69% | Hold |
| BK | Bank of New York Mellon | $78.45 | $76.80 | -2.10% | Buy |
| SEIC | SEI Investments Company | $85.12 | $79.00 | -7.19% | Buy |
| AMP | Ameriprise Financial | $541.86 | $495.00 | -8.65% | Buy |